Plan Ledger DOL Form 5500 · updated monthly

Quality Insights, Inc.Money purchase plan

QUALITY INSIGHTS INC. MONEY PURCHASE PENSION PLAN · CHARLESTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.16%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Quality Insights, Inc. reported $47,574 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $8,430 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.15% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 61st-largest of 265 plans among West Virginia employers on file, and the 4,118th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$30,463,791
Participants with balances187
Active participants143
Employer contributions$1,205,509
Employee contributions—
Employer contribution per active participant$8,430
Average account balance$162,908
Benefits paid to participants$2,375,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 187 accts · $1.2M emplr
2023$28.2M · 182 accts · $1.1M emplr
2022$24.9M · 172 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,484
Investment management$8,090
Total administrative$47,574
Employer contributions to the Quality Insights, Inc. plan · 2024
Employer contribution per active participant$8,430
Median for plans this size$2,416
2024$8,430 per active participant
2023$7,693 per active participant
2022$8,287 per active participant

Quality Insights, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$6,117
NEXTCAPITAL GROUP, INC.$1,973

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$47,574 · 0.16%
2023$36,859 · 0.14%
2022$40,686 · 0.15%
Same employer
Similar plansProfessional & Technical Services · West Virginia
Bailey & Glasser PLLC WV$38.0M · 0.04%
The Thrasher Group, Inc. WV$27.4M · 0.23%
The Library Corporation WV$19.0M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 550539692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.